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The global aircraft sensors market size was USD 2.23 billion in 2019 and is projected to reach USD 2.57 billion by 2027, exhibiting a CAGR of 12.05% during the forecast period.
An aircraft sensor is a device that detects events or changes in its environment and transforms it into a signal which can be interpreted easily. Minor discrepancies in the aircraft can lead to severe catastrophes. The sensors integrated into the aircraft detect such irregular discrepancies and notifies the pilot. Such occurrences have initiated the demand for aircraft sensors in the aviation sector. Due to automation, the number of sensors in an aircraft is increasing, which increases the accuracy of the intended aircraft functions. The advances in microelectromechanical system (MEMS) technology have extensively impacted the global market. Moreover, the rising adoption of sensors in the unmanned aerial vehicles (UAVs) industry is foreseen to create several market opportunities in the coming years. Factors that are predicted to propel the growth of the market are the development of advanced sensors and the rise in the demand for wireless sensors for commercial and military purposes.
Impact Of COVID-19 On Aviation Industry
The ongoing COVID-19 pandemic has led to the postponement in the manufacturing of aircraft and all aircraft components, which has caused a set back for the aircraft sensor market. The decline in production and delivery by major aircraft manufacturers such as The Boeing Company and Airbus SAS until April 2020 have majorly impacted the overall growth of the market. The overall supply chain of the aircraft sensors hampered the production of the sensor units. The market is expected to recover by the year 2021.
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High-tech Advancements In Micro-Electro-Mechanical-Systems (MEMS)
Micro-Electro-Mechanical-Systems (MEMS) are miniature devices, which incorporate actuators, sensors, and a processor or controller to form intelligent systems. The use of MEMS in aerospace applications enhances the performance and extends the lifetime with a low-cost, high-end functionality. MEMS has the potential to eradicate conventional flight control surfaces, enhance the performance of compressors and turbines, reduce drag, and enhance overall aerodynamic performance. It offers a major advantage in terms of size, weight, and cost as compared to conventional systems. The complete inertial and navigation units can be integrated into a single chip. The advancements in MEMS technology allows it to sustain in harsh environments such as high temperature, vibration, etc. The rise in demand for MEMS technology in the aviation industry will boost this market.
Wireless Sensing To Be The Future Of Digital Avionics
The conventional aircraft uses sensors that are connected through wired networks, which pose challenges such as cable routing, noise, added weight to the structure, and others. The usage of wireless sensors in aircraft has remarkable advantages in terms of flexibility in sensor configuration, design optimization, and weight optimization. The new aircraft are designed with the incorporation of wireless sensors. The main factor to use wireless sensors over the wired sensor is its low weight. The weight of aircraft electrical components, such as wires and cables, adds significantly to the overall weight of the aircraft. The OEMs are focused on reducing the weight of the aircraft to increase fuel efficiency, thus reducing the fuel cost, thus reducing the carbon emissions. Thus, the wireless sensors play a vital role in the advancement of the aviation industry.
Rising Demand For UAV Will Aid Market Growth
UAVs utilize a wide range of sensors to improve the operation of the vehicle or to gather the data. Apart from conventional sensors such as flight control sensors, flow & level, temperature & pressure, and other UAVs use various advanced sensor technologies such as LIDAR sensors (Light Detection and Ranging), which are used for navigation and imaging purpose.
Rising adoption of UAVs in the military for Intelligence, Surveillance, and Reconnaissance (ISR) operations across the globe is expected to support aircraft sensors market growth. Moreover, the rise in the use of UAVs in life-threatening missions and growing demand for modern warfare techniques are also expected to fuel the growth of the market.
Furthermore, increasing the adoption of UAVs for civil and commercial operations such as agricultural activities, real estate, engineering, security, and others is anticipated to augment market growth.
Rise In Demand For Expansion Of Aircraft Fleet Across The Globe Will Boost The Market Growth
The increase in the financial condition of the middle classes in developing countries is the reason for the rise in air passenger traffic. As stated by Oliver Wyman, there were 27,492 aircraft across the globe, and it is anticipated to rise by 11,600 aircraft in the next ten years. This demand for new aircraft will, in turn, drive the aircraft sensor market. Moreover, increased investment in the aviation industry by emerging economies such as China and India is expected to fuel the market.
Regulations By Aviation Safety Agencies Expected To Hinder The Market Growth
The aviation industry follows strict rules and regulations regarding the use of electronic components in use for the aviation industry. Manufacturers need to follow certain guidelines related to safety and design concerns regulated by the Federal Aviation Administration (FAA). Such regulations imposed by the FAA will hamper the growth of the market. For instance, in March 2020, the FAA proposed to fine the Boeing Company with USD 19.7 million for allegedly installing types of equipment containing sensors in 737 aircraft and 791 jetliners that had not been approved as compatible with the guidance systems.
Fixed-Wing Aircraft Segment Expected To Dominate the Global Market
Based on the platform, the market is divided into fixed-wing aircraft, rotary-blade aircraft, and UAV segment. The fixed-wing aircraft segment is expected to be the largest segment owing to the rise in the global aircraft fleet. In contrast, the UAV segment is anticipated to be the fastest-growing segment due to the rising adoption of UAVs in the military for intelligence, surveillance, and reconnaissance (ISR) and combat application. The fixed-wing segment in this market is further divided into commercial aircraft and military aircraft. Owing to an increase in the number of aircraft deliveries and air passenger traffic, the demand for commercial aircraft is rising. Thus, the rise in demand for fixed-wing aircraft is anticipated to propel the growth of the market for aircraft sensors.
The rotary-blade segment is further classified into commercial helicopters and military helicopters. The military helicopter is anticipated to grow at a higher CAGR owing to rising modernization programs across the globe.
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Temperature Sensor To Acquire Dominance In The Market
Based on sensor type, the market is classified into temperature sensor, pressure sensor, force sensor, speed sensor, torque sensor, accelerometer sensor, flow sensor, position sensor, proximity sensor, GPS sensor, gyroscope, radar sensor, smoke detection sensor, angle of attack (AOA) sensor, level sensor, vibration sensor, airspeed & altitude sensor, and others. Position sensors, pressure sensors, and temperature sensors are predicted to dominate the market through the forecast period, owing to the rise in its use in flight control and cockpit control systems. These sensors are integrated into various parts of the aircraft, such as cabin, air ducts, brakes, turbines, hydraulic lines, and others. The rapid growth in the manufacturing of new aircraft is predicted to increase the use of temperature, pressure, and position sensors in the aircraft, thus propelling the market during the forecast period.
Cockpit Control & Flight Control Segment Anticipated To Drive The Market Growth
Based on application, the market is segmented into engine turbine & auxiliary power unit (APU), flight controls & actuation, landing gear & brakes, environmental control system, doors & slides, cabin galley & cargo, and cockpit controls. The cockpit control and flight control & actuation system is predicted to continue to be the dominant application in the market during the forecast period, driven by rising aircraft deliveries, and increased integration of avionics in the next-generation aircraft. Engine, turbine & APU and landing gear & brakes segment is expected to grow during the forecast period, owing to increased maintenance due to increased flight hours of aircraft; thus, a rise in requirement for MRO. The cabin, galley & cargo segment is expected to play a vital role in market growth due to the rise in demand for passenger safety and environmental control.
Wireless Sensors To Gain Supremacy In The Market
Based on connectivity, the market is segmented into the wired sensor and wireless sensor. The wired sensor is expected to be the largest segment owing to its high reliability. The wireless sensor is anticipated to be the fastest-growing segment during the forecast period, owing to the rising demand for lightweight aircraft. Moreover, the wireless sensors have low installation and maintenance costs, which is expected to drive the market through the forecast period.
OEM Will Endure Its Dominance Through The Forecast Period
Based on end-use, the market is divided into OEM and aftermarket. The OEM is anticipated to be the largest and fastest-growing segment through the forecast period, owing to the rise in demand for commercial airlines. Moreover, with the growing number of flight passengers, the manufacturing of commercial aircraft is increasing swiftly across the globe. The aftermarket segment is expected to witness a healthy growth owing to the increase in flight hours of aircraft. It is estimated that an electronic device must be replaced after 1000 flight hours. Hence, it creates a huge demand for the aftermarket as the sensors need to be replaced after specific flight hours. Moreover, the growing age of commercial aircraft will fuel the growth of the aftermarket segment.
North America Aircraft Sensors Market Size, 2019 (USD Billion)
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The outcomes based on our research methodology indicate North America is anticipated to be the largest segment during the forecast period, as it is the manufacturing capital of the aerospace industry due to the presence of many aircraft OEMs and sensor manufacturers.
Asia Pacific is anticipated to grow at the highest CAGR during the forecast period owing to the rise of the aviation industry due to increasing air travel. Moreover, the growing demand for new aircraft deliveries boosts the demand for aircraft sensors. The developments in regional and commercial aircraft programs will result in the growth of the aircraft sensor market.
Europe is predicted to have healthy growth during the forecast period owing to a rise in investments for UAV developments. Moreover, increasing commercial applications of drones are fueling the market.
Deep-Rooted Contracts With Government To Make The Raytheon Company A Leader In The Market
The competitive factors among the major players are technical and management capability, affordability, the ability to develop and execute complex integrated system architectures, and the ability to deliver solutions to the clients. Various contracts, partnerships, agreements, acquisitions, joint ventures, and new product launches are key strategies embraced by the key players in the market.
The aircraft sensors market research report provides a detailed analysis of the aviation sensors. It focuses on key aspects such as leading companies, sensors types, and applications of the aircraft sensors. Besides this, the aircraft sensors report offers insights into the market trends, market dynamics, and highlights key aircraft sensors industry developments. In addition to the factors mentioned earlier, the report encompasses several factors that have contributed to the growth of the market over recent years.
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Value (USD billion)
By Sensor Type
The global market size was USD 2.23 billion in 2019 and is projected to reach USD 2.57 billion by 2027.
Growing at a CAGR of 12.05%, the market will exhibit steady growth in the forecast period (2020-2027).
The fixed-wing aircraft segment is expected to be the leading segment in this market during the forecast period.
North America dominated the aircraft sensors market share in 2019.
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